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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Swedish Krona/Swiss Franc (FOREX:SEKCHF)
Bear Market Rally (-75) - SEKCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SEKCHF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SEKCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SEKCHF
The long-term trend has been DOWN since Jul 25th, 2024 at 8.1727
The intermediate-term trend has been DOWN since Oct 17th, 2024 at 8.2115
The short-term trend has been UP since Oct 23rd, 2024 at 8.2236
Smart Scan Analysis for SEKCHF
Based on our trend formula, SEKCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.1918 | 8.2025 | 8.1525 | 8.1605 | -0.0313 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.1918 | 2024-10-25 17:05:46 |